8350 Ep True Pkwy #3304West Des MoinesIA50266
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in West Des Moines at 8350 Ep True Pkwy #3304, West Des Moines, IA, 50266 offers a 9.08% rental yield on a $183,900 purchase with $1,392/mo rent. Total monthly income registers $1,392/mo, and a $900/mo payment leaves $198/mo available for distribution. Annual cash flow reaches $2,373/yr on $60,963 to close, and return on cash invested stands at 23.8% in year one. Equity gained on principal adds $1,187/yr while 5% annual appreciation supports $50,808 over five years. Portfolio math shows five-year ROI at 124.12% and total cumulative return in cash at $75,665. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,392/mo property income against a $900/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,158 (100%) |
| Owner Occupied HU | 9,448 (46.9%) |
| Renter Occupied HU | 8,717 (43.2%) |
| Vacant Housing Units | 1,993 ( 9.9%) |
| Median Home Value | $398,812 |
| Average Home Value | $442,652 |
Housing Distribution
Address Breakdown
Residential
19,201
Single Family
11,911
Multi-Family
7,290
Businesses
1,810
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